Following our announcement about the unification of Farmcrowdy, Farmgate Africa and Agricsquare as Farmcrowdy, we would like to officially announce the launch of our new platform.
When we first started Farmcrowdy, our goal was to empower rural farmers across Africa, thereby enabling everyone to participate in the achievement of global food security. Since launching in November 2016, we have empowered 25,000+ and expanded to 14 states across the country.
One of the biggest requests we got from our farm sponsors was the opportunity to sponsor more farms and we have constantly gotten this request over the years. To that end, we would like to first explain the rationale behind the unification of the three companies.
Farmcrowdy is the arm of our business responsible for generating sponsorship, farming and providing access to markets for farmers; Farmgate Africa is responsible for commodity trading and processing while Agricsquare is a platform where people get the latest news about agriculture and hold different discussions about the agric industry.
By combining all three companies into one, we will be able to create a seamless approach, from farming to trading to selling commodities, which will result in us being able to open more farms for sponsorship.
Managing Director, Farmcrowdy
To this end, we are pleased to announce Kenneth Obiajulu as Farmcrowdy’s new Managing Director. Kenneth Obiajulu was the MD of Farmgate Africa team for five months and in those months was able to work alongside the Farmcrowdy team to secure partnerships with Livestock247 and BestFoods Group.
The Managing Director, alongside members of the managing team of Farmcrowdy will be responsible for the day to day running of the business and continue to identify opportunities for Farmcrowdy to empower more farmers across different states in Nigeria
We are confident that under his leadership, Farmcrowdy will continue to expand and record more successes.
However, that’s not all. Since 2016, we have been able to perfect our business model and create a structure for agriculture startups that didn’t exist in the past. Over the years, we have perfected this model and generated millions of dollars in sponsorship.
Achieving the SDGs
We believe that not only will this model work in agriculture, but it can be applied in other sectors, and our ultimate goal is to be a major player in the achievement of the Sustainable Development Goals (SDGs), which are listed below:
GOAL 1: No Poverty
GOAL 2: Zero Hunger
GOAL 3: Good Health and Well-being
GOAL 4: Quality Education
GOAL 5: Gender Equality
GOAL 6: Clean Water and Sanitation
GOAL 7: Affordable and Clean Energy
GOAL 8: Decent Work and Economic Growth
GOAL 9: Industry, Innovation and Infrastructure
GOAL 10: Reduced Inequality
GOAL 11: Sustainable Cities and Communities
GOAL 12: Responsible Consumption and Production
GOAL 13: Climate Action
GOAL 14: Life Below Water
GOAL 15: Life on Land
GOAL 16: Peace and Justice Strong Institutions
GOAL 17: Partnerships to achieve the Goal
To achieve this, we would have to create a new company to house all the other [portfolio] companies. What we came up with is Crowdyvest.
Crowdyvest
Our mission at Crowdyvest is to provide impact-driven opportunities for people to increase their finances and contribute to economic growth.
The first featured portfolio company on Crowdyvest will be Farmcrowdy.
How It Works
To start sponsoring impact-driven companies on Crowdyvest,
- Please visit https://www.crowdyvest.com/
- Sign up for a free account
- Click the link in the confirmation email that was sent to you
- Visit the Sponsorshop and select opportunities you’d like to sponsor
- Checkout and make payment
Here is a video from our Founder and CEO on how Crowdyvest works:
Team
The portfolio companies will each have their team members while getting support from The Crowdyvest team, which will still be led by Founder and CEO, Onyeka Akumah.
Onyeka Akumah remains the Founder and CEO of Crowdyvest and will be the Chairman of the portfolio companies while overseeing the Managing Directors of each portfolio company.
The other co-founders will also operate from the Director level overseeing the activities of the portfolio companies in accordance with their primary role.
For specific questions relating to Crowdyvest, please visit Crowdyvest FAQ
What do you think of this new umbrella company? What sectors would you like to see us expand to and what features would you want to see on the Crowdyvest platform?
Thanks for reading!
Samson Oloto
